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Search Results 0 to 29 of about 30 (some duplicates have been removed)
on november comps. gap, macy's, target, all disappointing. is it all due to sandy and what does it mean for the holidays. >> tiffany is not a statement on lucksy, but rather company specific. >> quite near meets with the president today. . >> and we have another upgrade for research in motion. this time at goldman-sachs saying the blackberry 10 will not only beat expectations but also put the company in the black by fiscal '14. >> target, macy's and kohl's reporting unexpected declines. number of retailers blaming sandy for the lackluster results, david and jim. they say the second half of the month wasn't so bad, but still a lot of white knuckles as somebody said about the holidays. >> i think that one of the untold stories may still be exactly how bad sandy was. sandy is going to turn out to be a $100 billion storm. but i think it's a shutdown. it was the shutdown of a major part of the infrastructure of the nation. i'm going to go with the retailers who blame sandy. i'm going to take them at face value. >> so macy's they say record setting volume when it comes to thanksgiving, but th
a look at cold and macy's. both have come under some pressure. noting hurricane sandy, macy's same-store sales fell, also mentioned sandy as well. kohl's down 10%. lori: thank you, nicole. an upward revision appeared tonight, but our next guest expects growth to decline for the fourth quarter. deutsche bank security nominee with his outlook for next year, and if we get to it, some expectations on continued stimulus which we heard this week as well. this was the second print out of three on third-quarter gross domestic product. looks like a nice upward provision. about 2%, but if you look under the hood there are some serious problems and i will let you start there. >> a little bit of fine print. consumer spending was revised lower, business investment in equipment and software. for the upward revision was due to a lot more inventory being accumulated last quarter, partly due to a faster pace of economic activity. not the strengthening in the number we would like to see. lori: does it suggest go to the softening consumer picture, people are not buying stuff simply put question marks
sandy, but as drivers rush to replace them, you may be forced to pay a higher price. >> huh. a car salesmen or congressmen? who do americans trust the least? the new numbers and lou dobbs taking up that up. >> how apple is expanding its empire into the crib. >> my goodness. there's little siri there and little macbook. goinged to floor of the new york stock exchange, and, lauren, economic data, down just a little bit in the red today, down 22 points 37 >> yeah, it is the first trading day of the new month. december, a strong month historically for the stocks, but there's a push and pull going on between market forces and the economic data, and we're in the red across the board, relatively flat this monday morning. the data, u.s. manufacturing activity last month lowest level since the summer of 2009, but then we got a construction spending report that was good. in october, it rose by the largest amounts in five months, and then we got auto sales throughout the morning, and while they were decent, gm, toyota, and chrysler missed november's estimates, but ford beat them. that's the d
as we speak with house speaker boehner pushing for $42 billion in federal aid after super storm sandy but will the residents see it in the "wall street journal" reporter says if katrina is an example, don't count on it. of $142 billion in federal aid headed for that, only $40 billion made it directly to victims from fema. that is incredible. not right. >>guest: it is not right. when i saw that, cuomo is coming to washington, and you showed the capitol you should have dollar bills coming out of the window because when the governors come to washington they want money with their palms up. that is what governor cuomo wants. he wants the federal government to write a big check to the state. we found with katrina, of the $140 billion, according to independent government auditors, there was rampant corruption and fraud and no bid contracts that went to cronies and we estimate that somewhere between 20 percent to 25 percent to 30 percent of the money was wasted on fraudulent contracts. it didn't helps victims. a lot of people got rich but it wasn't the people who lost their homes. >>neil: you
, the jobs report is expected to be very dismal, about 75,000 net jobs. some of that is because of sandy, but housing market is rebuilding, it's recovering. that makes people feel more wealthy. this retail season is going to be very critical. it's going to tell us a lot. stocks could go up on that. we have some tail winds but right now there is a lot of question marks. >> gregg: brenda, we'll talk about sandy and impact on the economy in the next hour. you can catch brenda "bulls and bears", 10:00 a.m. right here on the fox news channel. >> heather: coming up, investigators finding the case of a new jersey train derailment. it left on the dangerous gases spewing into the air. an important week for the administration. president obama expected to start announcing picks for his new cabinet but with ambassador susan rice stirring up controversy who is in and who is out? our panel weighs in. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a tr
: the victims of hurricane sandy making it clear they are not going to be forgotten by the government or place. will they have a place to celebrate for christmas? more with speaker beginning rip, right after the break. [ male announcer ] this december, remember -- what starts with adding a friend... ♪ ...could end with adding a close friend. the lexus december to remember sales event is on. this is the pursuit of perfection. i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. . >> sean: welcome back. emotions were running high last night in staten island, new york thous victims of hurricane sandy confronted federal officials about the lack of help. >> we go from one to another from fema to our homeowners. my insurance offered me $150 what can i do with that? i need to rebuild. sir, i need your attention please. >> when you go home and celebrate in a
sandy and anxiety over the fiscal cliff affecting job growth. adp showing the private sector created 115,000 positions last month. the expectation was about 125,000. it comes ahead of friday's key employment report and to talk about that and more, our senior economics reporter steve leisman joins us from washington. steve, we'll talk about your interview with secretary geithner in a moment but let's talk about those economic numbers. what about today's, what about friday's? >> before i get to the adp number, i have new information i've been able to report on the way down here from new york. that is, be prepared on friday for potentially, especially in the household survey that creates the unemployment number. be prepared for potentially big sandy effects. let me tell you why. we had an early thanksgiving this year. 11/22. the 22nd of the month. what happens on those kind of years is that the bls moves back the survey week from the 12th which is the normal survey week in this case, to the 5th. what was the fifth? it was the week that really the worst effects of sandy in terms of people no
, it is one of the huge numbers that will not be directly impacted by hurricane sandy. lori: that is a great point you raised, then. what are your thoughts on the economic data? >> i cannot agree more. the i sm number is what scared this market. china, japan, the united kingdom were not enough to hold us in place. a positive story out of greece. they gave us a little bit of an early move to the upside. that was all washed away. on the employment data and the adp number we got the first shot at. the expectation for job growth is really one of the smallest numbers we expected to see all year. it should not be too difficult to hurdle to get over. lori: is it fair to say that concerns have been factored into the price market? >> the whole idea that the result has been priced in. the result has not come to pass by the 31st. the market could be in a very precarious position. lori: okay, alan, oil at a two week high. what is the driver there? >> what i am looking at right now is kind of a tug-of-war going on. the fiscal cliff could send crude oil off. we have tensions in the middle east. some bette
superstorm sandy. find out at 8:30 a.m. eastern. and cut! very good. o geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insurance. someone get me a latte will ya, please? >>> welcome back to "squawk box" everyone. the futures right now are at this point right around the flat line. we had seen the dow futures up by 15 points or so, it's come back down but probably a lot of people waiting to see what happens in washington because it's been driving trading for several weeks. >>> honda is expecting within two years it will export more vehicles than it imports from japan. the company says the factories will take on a larger role in global product development at that point. >>> all right, i've been wanting to ask larry some specific questions and i'm going to do it now because actually some of the stuff you talk about doug oberhelm, you teach economics, you're an economic sage so the mantra and we heard it again that if we could get rid of the, which is hard, but is the obama's administration resi
shopping season is going so far. we know that those november retail sales reflected sandy and some other one-time issues. what do you think really is happening behind the scenes in terms of what's happening for holiday shopping? >> well, i think it's the same story every year. the promotions start early, black friday's always a big weekend, this year was no different, and it depends on who you listen to nrf was very optimistic about the estimates, gallup was not so much, and then the sandy-related numbers. there are clear winners and losers here. it's the sandy blameathon, clearly, but some of the winners and losers walmart and limited. >> walmart and limited. who do you think is in trouble. we saw gap shares down by 7%. is that a reflection of the dividend they won't be paying or the special dividend. is there something more with what's going on with stores there? >> well, i think everybody's nervous now, certainly. again, after you saw the tough numbers in november, the question is, do retailers get nervous? do they press the pedal in terms of more and more promotions? gap yesterday wa
in the northeast weren't doing much car shopping. the second half had to be on fire. sandy may have been the singest biggest car destroyer since katrina. or maybe more, given the fact that so many imparted cars were damaged near the cox of the region's rivers. tuesday morning we hear from the brothers toll. here's the best home builder in the country go. ing to tell you the story of the boom. if you remember there was a time when bob toll of toll brothers and eagles fan came on "mad money" during what turned out to be the early part of the housing collapse. he said he saw the light at the end of the tunnel. but it was most like lit light of an on-coming train. those days are gladly behind us. i suspect the toll tells a story that it goes down the fiscal cliff monday. every day is fiscal cliff tuesday, wednesday, thursday. you get the picture. anyway, you should pull the trigger here to buy it here if the fiscal cliff does what i'm afraid of. brown foreman reports wednesday. this is an interesting one. why? because goldman downgraded it to sell. just last night. i've seen this movie. they
chief, speaking this morning. >> some important comments. hurricane sandy was directly in his district so he made some comments about it. he said that the damage was worse than first anticipated. that's something we've been talking a lot about. original number was $50 billion. it's in the $70 billion to $90 billion range. it is probably going to shave a quarter to half a point off gdp. you talked about the fiscal cliff which he says congress and the president must address. he says because we're at the zero balance, interest rates were zero, the effect of the fiscal cliff is getting much worse than if the fed were not at zero. >> because they could do something. >> the only positive thing which dudley did not talk about but it is something that's on the radar is that, as the fiscal cliff fears rise, interest rates fall on the 10-year. so the effect the fed would have from easing is already in -- already happening as a market reaction. >> steve, thank you. >>> when jeff kilburg is not fired up about the irish he is fired up about what mr. dudley said today. why? >> absolutely. he came ou
can feel the rage. hurricane sandy and the eruption at fema officials. ahead of the holiday season. we will update you coming up next. and a cartoon snake comes the new face of a 2 trillion-dollar pension nightmare. we will tell you which state could be collapsing under the weight of its own promises, and whether you'll come in the u.s. taxpayer, could be footing the bill for a government bailout that you probably don't realize. >> so the pool of money is smaller. the demand on a pool of money leaves the current workers to ask whether there will be enough when they are able to retire. the problem is the squeeze. some laxatives like dulcolax can cause cramps. but phillips' caplets don't. they have magnesium. for effective relief of occasional constipation. thanks. [ phillips' lady ] live the regular life. phillips'. prego?! but i've bought ragu for years. [ thinking ] woer what other questionable choices i've made? i choose date number 2! whooo! [ sigh of relf ] [ male announcer ] choose taste. choose prego. the megyn: we are keeping a close eye on cairo, egypt, after they have drafted
's assassination nfl games were played and after hurricane sandy games were played. this is unsurprising behavior. bill: they played and they won which has been not so often this year. martha: as everyone tries to sort this story out, for the first time we are hearing the audio of the police communications between first responders at the scene as this tragedy unfold. some of this is understandably disturbing. >> code one, number 1 air ahead drive. martha: what an awful story this is. we know miss perkins later died at the hospital. more on this story as we continue. bill: there has been growing concern about concussions in the nfl. back in 2012 players suffered 127 to date. the league has seen the number of players grow from 2004 to 2010. and not just football. conditions happen in the u.s. each and every year. martha: belcher is not the first nfl player to recently take his life. junior say oh and dave diewr on both died of self-inflicted gunshot wounds. we'll talk to jim coming up in the next hour. >> 6 minutes past the hour. former president george herbert walker bush waking up in a houston ho
giant ♪ >> gretchen: you have to see this next story. frustration boiling over for sandy victims with a meeting with fema official. >> my wife and my kids are somewhere else and that's where i spend christmas. where do i put deckerationn and christmas tree up? robert moses is live on staten island. heated would be understatement for that meeting last night. >> absolutely. gretchen, good morning to you. emotions are clearlyy raww here on staten island a month after hurricane sandy hit. this is an area that got pummeled in the storm. hundreds packed into and spilled out of the high school auditorium with a meeting with elected officials and representative from city agents and fem a. they wanted agents about homes and air quality issues . those in audience were told to write down the questions and the meetingly was an emotional shouting match with residents pleading for help. >> why do you do with. >> moy homeowner's insurance offered $150. >> i need yourr attention please. >> middle class is getting the royal finger and he said fema borks for me. fema keeping going in a circle. >>
. across the northeast residents want to protect thems following superstorm sandy. >> since the election you have had the perfect storm. you had hurricane sandy. you had re-election of barack obama. you have people realizing not only is it their second amendment right but they may be in a situation where they need a firearm to protect themselves. they're coming to the realization. it is just caused up tick and a spike. last friday on black friday it was through the roof. >> reporter: according to gallup 43% of women surveyed last year report owning a gun which is a new high. the nra is reporting that over the last four or five years there has been exponential increase in women participating in safety programs and licensing programs and hunting programs. women feel safer knowing how to use guns. i can tell you some of the gun shop manufacturers are starting to market more toward women. you see the pink series what i'm wearing here and the long rifles and some are for breast cancer awareness. jon, back to you. jon: anna koiman live at a gun range in new jersey. interesting. anna, thank you
shopping season. superstorm sandy knocking the wind out of consumers up and down the east coast. joining us to talk about the retail sector is davidberman, founder of hedge fund derden capital. thank you for coming in today. it is great to have you here. we looked at the retail numbers yesterday. and a lot of companies were saying it was just superstorm sandy. it shut down the stores in some cases or kept consumers at bay. how do you think we will fare to the holidays? >> yesterday was big day for retail. those that roar yesterday, genuinely speaking had poor numbers. we knew it was the hurricane. we knew it would be weak. you know. it was supposed to be adjusted in the expectations. numbers came in way below expectations. some of the stocks got hammered, macy's, kohl's. we are trying to make sense of what that means. we when you go through each retailer in the numbers, really the first half -- businesses really slowed. first two weeks. anything we think of, not the hurricane itself. must have been the concern, you know, about the hurricane and people watching tv. people focused on that. al
in aid to farmers. this is in addition to the destruction caused by hurricane sandy, the largest hurricane ever to form in the atlantic basin. it's estimated that sandy will cost almost $80 billion in federal funding for the replacement of homes, infrastructure, and buildings. combined, the drought and sandy will cost the federal government tens of billions of dollars at a time when we're talking about our debt. it's the job of congress and the administration to help these americans in time of need, make no mistake about it. we should. we will. but we need to be honest about how we plan for disaster spending. according to a report by the g.a.o. in september, there have been over 540 disaster declarations in the last eight years requiring over $90 billion in federal aid. it's time we face facts and state the obvious -- weather is getting worse. extreme weather events are happening with increased frequency and intensity. i held a hearing last year to talk about this issue, to examine whether the federal government is really prepared for this. the answer is no. i didn't bring in the
, residents wanting to protect themselves following superstorm sandy. >> since the election you've had the perfect storm. you've had hurricane sandy, you've had the re-election of barack obama, and you have people realizing that not only is it their second amendment right, but they may be in a situation where they need a firearm to protect themselves. and they're coming to that realization, and it's just caused an uptick and a spike, and last friday, you know, on black friday it was through the roof. >> reporter: according to gallup, 43% of women surveyed last year reported owning a gun which is a new high. the nra reports that over the last four o or five years there's been an exponential increase in women participating in safety classes, licensing programs and women-only hunting programs. some women feel safer just knowing how to use guns. >> i felt like if we were going to have guns in the home, that i should know how the handle them, know if it's loaded, you know? i mean, there's going to be guns in the house, i can't have something that i'm afraid of and don't know what to -- you
christie met with president obama this morning to request federal aid to victims of superstorm sandy. the president is expected to ask congress for about $50 billion in emergency assistance. christie has said new jersey alone will spend almost $37 billion on rebuilding. michelle obama is competing with bill clinton for a grammy for best spoken word album. the first lady red the audio version of "american grown," the story of the white house garden. the former president narrated his book "back to work." those are a couple of things we thought you should knowment time for the news narc gut check. treasury he secretary tim geithner told cnbc yesterday that the obama administration is absolutely ready to go over the cliff if republicans refuse to raise tax rates on the wealthiest americans. take a look. >> when it comes to raising taxes on the wealthy, if republicans do not agree to that is the administration prepared to go over the fiscal cliff? >> absolutely. there's no prospect to an agreement that doesn't involve the rates going up on the top 2% of the wealthy. >> orrin hatch called
where the fiercest fighting in syria's civil war took place. and outrage as victims of sandy discover there are places for them to stay, but nobody told them. >>> as a burn survivor, you think you're all alone. you think you're the only person that has scars on your face or has, you know, skin graphs on your hands. we all have a story. i joined the united states army in 2002 and deployed to iraq. i was driving a humvee and when my friend went over a land mine i was in a medically induced coma. by the time i came out third degree burns on my head, face, arms, hands, portion of my back, portion of my legs. while i was recovering, i remember asking one of the social workers how can i help burn survivors. she said there's a great organization called the phoenix society. they're teaching them different ways to kind of cope. i went to this conference. everyone had big smiles on their face. i made a choice i was going to be positive every single day. and i'm using this positivity to give back to other people. >> please welcome a former u.s. army soldier and ins frags i prags to all of us and
>> tuesdays, thank you gates testifies in front of the house transportation committee on the hurricane sandy response and recovery. we are learning what lessons can be learned from it. see his remarks at 10:00 a.m. eastern on c-span3. wednesday, more from mr. craig fugate eight. abel testified in response and recovery of the storm, and this time, they will be in front of the senate appropriations committee. that hearing is live on wednesday at 10:00 a.m. eastern, also on c-span3. >> c-span, created by america's cable company since 1979 come across you as a public service by your television provider. >> next we have a press release with jay carney. he said u.s. officials are closely monitoring the situation. he also talked about the fiscal cliff negotiations and peace in the middle east. >> is everyone okay with that? [inaudible conversations] [laughter] we are talking about what extent a middle-class tax breaks for me to middle-class families. today at 2:00 p.m., people can ask the president questions on twitter with the hash tag my 2k. after that, this come in this afternoon from the presid
additions that you contain right now to prepare. dennis: blamed superstorm sandy. retailers playing the blame game for week november same store sales. analysts already asking what it really the storm or the economy did pull those numbers down? cheryl: we are watching a power ball conference this hour with more details expected on the two winners of the $580 million record jackpot from missouri and arizona. of gone home to buy my ticket. dennis: stocks every 15 minutes, nicole petallides, for the stock exchange where stocks the suddenly lower on more cliffphobia. nicole: i can say in the wall street traders saying every headline out of washington moving this market, fiscal cliff phobia is a good way to say it, whatever you want to call it we have seen so many dramatic moves in the market, a particular companies making moves in preparation or all been wary about the fiscal cliff, let's see where we are, talking about a dollar jumping, positive for the weekend all up arrows and a great day on wall street after yesterday when tim geithner was sounded more optimistic and we continued tha
in infrastructure, which we desperately need after hurricane -- or we call it super storm sandy that hit new york, that hit new jersey, that hit connecticut, that hit delaware, that hit maryland. we now see that our infrastructure has to be what we call hardened, made stronger. we can do that if we invest in our people. so, madam president, the president has offered a very clear plan that takes us off the fiscal cliff that is fair. we have 27 days to do the right thing. the senate already passed the tax cuts for 98% of the people. all we're asking is for the house to do that, match us. then we can get back to the table and figure out a way to soften the blow of the automatic spending cuts. we could look at tax reform. and i want to just say this about tack reform. when our colleagues complain about tax rates and say well, we would rather close loopholes, watch out. in order to raise the kind of funds we need to raise to lower this deficit, you're looking at the two biggest --quote, unquote -- deductions. one is for your mortgage and one is for charitable, and i would ask rhetorically what billion
to tell you about on our companion network, c-span 3. the response to hurricane sandy at 10:00 a.m. eastern. at 3:00 p.m. the coalition for fiscal and national security looks at how national security is affected by the deficit. speakers include mike mullen and the former chair of the armed services committee. later, the subject for strategic and international studies hosts of forum on the u.s. relationship with china. that is at 5:30 p.m. eastern. >> we are at the new york state museum. this is art gallery dedicated to the history of this september 11 attacks on the world trade center. it is a gallery to tell the story about the first moments of the attack using objects and photographs from the world trade center site. we put this in a place where the public can touch it. it gives a tangible experience. this is a piece of steel from the north tower. this is a dramatically damaged piece of steel. you can see the opening scene where the windows would have been. this metal strip on the front of the building. every piece marks which side of the building it is on, so we research that.
Search Results 0 to 29 of about 30 (some duplicates have been removed)